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Frequently Asked Questions

Most frequent questions and answers about the Crypto Debit Terminal

Currently we accept Bitcoin, Bitcoin Cash, BitcoinSV, Dashcoin, Litecoin, Ethereum Classic, and Ethereum.

We offer the most secure and easy to use system on the market to transfer crypto to cash at point-of-sale. Appeal to a growing  number of consumers.

For Merchants, Pay features zero transaction fees and 0.5% settlement fees. The other fees for are: 0.04% to 0.4% maker fees, 0.1% to 0.4% taker fees, plus 2.99% for credit card purchases. The fees for  Crypto Debit are free for merchants. Only the customer pays – a small 5% fee at the time of purchase.

Usually a transaction can take anywhere from 2-6 seconds.
All fees are paid by your custromer, not your business. The Cryto Debit trasaction fee is competitive at 5%.
In Canada, cryptocurrency funds are exchanged into the equivalent value of Canadian Dollars (CAD). Funds are transferred directly into your bank account the next business day.
With up-to-date exchange rates, we can constantly provide your customers and you with up-to-the-second cryptocurrency rates, ensuring that they always get the most current rate for their dollar.
There is NO TRANSACTION FEE. The charge to the Merchant’s client is an industry minimum of only 5%. However, there is an optional $70 per month rental charge for the physical Crypto Debit Machine, should a physical terminal be requested.

A physical Crypto Debit Terminal is optional. A wifi connection is all that is required to use your own tablet or smartphone to process transactions. 

Cryptocurrency (or “crypto”) is a class of digital assets created using cryptographic techniques that enable people to buy, sell or trade them securely.

Unlike traditional fiat currencies controlled by national governments, cryptocurrencies can circulate without a monetary authority such as a central bank.

Cryptocurrencies are supported by a technology known as blockchain, which maintains a tamper-resistant record of transactions and keeps track of who owns what. Individual units of cryptocurrencies can be referred to as coins or tokens, depending on how they are used.

There’s no question that cryptocurrencies are legal in the U.S. and Canada, though China has essentially banned their use, and ultimately whether they’re legal depends on each individual country.

It is highly possible  cryptocurrencies will surpass or replace fiat currencies at some point in the future because  cryptocurrencies cannot be manipulated quite as easily as fiat currency.

Further, cryptocurrencies could help to get rid of intermediaries in everyday transactions which could cut costs for businesses and ultimately consumers.


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